# PrecisionPoint Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/precisionpoint-software

- Industry: Software
- Headquarters: Wichita, US
- Website: www.precision-point.com
- Total disclosed funding: $2M
- Latest round: Series A (Dec 20, 2006)
- Investors on record: 1

## About

PrecisionPoint Software, Ltd. develops advanced business intelligence solutions for Microsoft Dynamics 365. Their products enhance reporting capabilities and provide actionable insights for organizations across various industries.Founded in 2002 and headquartered in Wichita, US, PrecisionPoint Software specializes in business intelligence solutions. The company raised GBP 1 million in Series A funding led by Herald Investment Management on December 20, 2006. CEO Andrew Mennie leads the company, which has engaged in one significant deal to date.PrecisionPoint Software specializes in advanced business intelligence solutions tailored for Microsoft Dynamics 365 Finance and Business Central. Their core offerings include a powerful Data Warehouse and a suite of ready-made Power BI reports that enhance reporting capabilities and provide actionable insights across various business operations. By integrating seamlessly with Dynamics 365, PrecisionPoint enables organizations to automate reporting processes, visualize critical data, and maintain data integrity through a centralized source of truth. Their services address the needs of businesses operating in diverse sectors, including those with multiple entities or international operations. PrecisionPoint serves a global customer base spanning over 20 countries across four continents, catering to industries that require robust ERP support and data analytics solutions.PrecisionPoint generates revenue primarily through the sale of software solutions and associated consultancy services that assist clients in optimizing their use of Microsoft Dynamics 365 and legacy systems such as Dynamics AX and NAV. The business model typically includes subscription-based pricing for software licenses, along with fees for professional consultancy and support services. Clients engage with PrecisionPoint for tailored implementations that leverage the company’s advanced reporting and data management capabilities. By providing a comprehensive suite of tools that enhance operational efficiency and data visibility, PrecisionPoint positions itself as a valuable partner for organizations aiming to transform their data analytics practices and drive business growth.PrecisionPoint Software plans to leverage the GBP 1 million raised in their latest Series A funding round to enhance their product offerings and expand into new markets. The company aims to develop additional business intelligence tools that will be launched in the upcoming quarters. They are targeting expansion into Europe and Asia by the end of 2023, focusing on sectors that require advanced data analytics capabilities. This strategic growth is designed to increase their global customer base and provide comprehensive solutions across diverse industries.

## Funding rounds

- Series A, Dec 20, 2006, $2M — Herald Investment Management

## Investors

- Herald Investment Management (https://capitalatlas.ai/funds/herald-investment-management) — Series A